THE DAGNY RAYMOND CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a deficit of £46,349 for the year ended 5 April 2024, primarily due to investment performance changes compared to the prior year. Total unrestricted funds decreased to £2,205,879, with free reserves (cash and liquid assets) standing at £66,265. The trustees consider these reserves sufficient to deliver charitable objectives for the next twelve months.
What the accounts disclose
“The Trustees' policy on reserves is to review reserve levels on a regular basis and to maintain a level of reserves which will provide a stable base for the Trust's continuing activities while at the same time ensuring that excessive funds are not accumulated.” — page 4
“At 5 April 2024, a cash holding arrangement was held with Humphries Kirk, a corporate trustee, on behalf of the charity with an amount of £nil (2023: £51,222)” — page 15
Trustees
- CHRISTOPHER STYAN WHITE
- Dr David Valentine Evans
- Dr GERALD DOUGLAS SEALY SMART
- HUMPHRIES KIRK TRUSTEE COMPANY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £108k | £126k |
| 05/04/2024 | £111k | £180k |
| 05/04/2023 | £103k | £13k |
| 05/04/2022 | £95k | £185k |
| 05/04/2021 | £85k | £4k |
Common questions
Is THE DAGNY RAYMOND CHARITABLE TRUST financially healthy?
The accounts state that the charity achieved a deficit of £46,349 for the year ended 5 April 2024, primarily due to investment performance changes compared to the prior year. Total unrestricted funds decreased to £2,205,879, with free reserves (cash and liquid assets) standing at £66,265. The trustees consider these reserves sufficient to deliver charitable objectives for the next twelve months. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNSEEN (UK) | 1 | £30k |